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to pay taxes, we should not be using taxes to reward people who fail. we should be using them to reward people that want to work. everybody in this country should succeed, not just people in government. host: president obama gave an address yesterday talking about how congress should act to keep taxes low. let's take a listen. >> 97% of small-business owners will not see their taxes go up next year. this is something everybody says they agree on. it should have gotten done months ago. republicans in congress are standing in the way. there are holding tax cuts for 98% of americans hostage until they pass tax cuts for of the richest 2%. congress needs to step up and provide every responsible homeowner a chance to save $3,000 a year on mortgage at refinancing at lower rates. i give them a plan to do that in february. it is a plan that has the support of independent nonpartisan economists. republicans will not let it come to a vote. ask them how that helps homeowners. congress needs to step up and pass my plan to create a job corps to help our returning heroes find jobs as cops, firefighter
comments on tax policy, senator chuck schumer talked about taxes. he spoke and answered questions at the national press club for about an hour. >> good morning. we're starting right on time today. i want to thank you for coming. i want to thank those who are joining us on c-span. on behalf of the national press club we're honored to have with us the senior senator from new york charles schumer. the senator will address the topic of tax reform. i just want to say i think this is an appropriate topic following a columbus day weekend. in club bus' time the prevailing weekend that there were dragons right over the horizon and most people thought the world was flat and anyone setting nauf a journey would go off the cliff. columbus thought he could find a new route. and today we're going to be exploring new tax reform and how to avoid a fiscal cliff. the senator will speak for about 20 to 25 minutes and then we will open up to questions. senator? >> ok. thank you, jamie for that very timely introduction. i want to thank the national press club. here's what i said yesterday at the new yo
cliff. those expiring tax cuts and the budget cuts. if you would like to find out more, go to our website, c-, and type in "a fiscal cliff" in the search box. >> look at what president obama did on the budget, nothing. as a result of his abdication of leadership, as a result of seeing the most predictable economic crisis and our country's history and not fixing it, our credit rating was downgraded for the first time in our history. >> to be laid out a four trillion dollar debt reduction plan. ladies and gentlemen, these guys vote against everything. i really mean it. not only do they say they don't like our plan. i get that. you don't like our plan, what is your plan? >> thursday, paul brian and joe biden will face often their only debate. -- paul ryan and joe biden will face off in their only debate. we will have a preview starting at 7:30 eastern. your reaction at 10:30. follow the live coverage on c- span, c-span radio, and online at the vice-presidential candidates preparing for that debate today. paul ryan in st. petersburg, fla., joe biden. president oba
knows taxes are due on april 15. we set up tax centers on the base three months prior and we take active duty military personnel off their regular duties and they go in and assist people with their taxes. you have people assisting with federal and state taxes. we provide nothing of the sort for voting registration. the move act was supposed to get offices set up on the basis. everybody could have gone in to check in with that voting assistance officer. that has never been in place while we were on active duty. we don't want a stack of voter registration ballots sitting on a counter somewhere. we want them to physically go in and say whether they want to register or not. this is the only way we can track it and find out if it is sure apathy which i find hard to believe. or is it just not having access? host: there is a project called a military voter protection project and they compared 2008 ballot requests and 2012 ballot requests and looking at key states, they thought there was a great difference as far bell requests. do you believe there is a significant difference? guest: this is hor
on 2013 tax increases and the so-called "fiscal cliff." activity p.m., and how corporate money is affecting the congressional races this year. c-span brings you select a vice presidential debates from the past 25 years. here's the lineup. at 7:00, at dick cheney and john edwards. that is followed by then senator joe biden and sarah palin at washington university. at san 3:00 p.m., a vice president george bush and rep ferraro. at 11:45 p.m., and center dan lloyd and signaturesaid mr. bentsen. >> on the fourth day of being in office, a weaver sitting in the oval office. larry summers was looking at this year's budget. you're going to have $1 trillion deficit. he said i have not done anything yet. >> we can not keep looking our children in the eye knowing that we're going to give them a diminished future because we're spending their money today. it is a very simple idea. mayor ron and i am going to bring it to washington. we have to stop spending money we do not have. we must cut spending. we must get this balanced budget. we must get this debt under control. >> congressman paul r
for the last year promising $5 trillion in tax cuts that favor the wealthy and yet the fellow on the stage last night looked like mitt romney said he did not know anything about that. >> also on thursday mitt romney took another huge step in his unfolding journey of self-discovery. speaking to shawn hennessy on fox news he repudiated the infamous 47% comments he made in may. >> in this case i said something that was just completely wrong. i absolutely believe, however, that my life has shown that i care about 100% and that's been demonstrated throughout my life and this whole campaign is about the 100%. when i become president it will be about helping the 100%. >>> all right. 100%. we're all in on the 100%. first let me throw it up to you guys. we've been chewing over the debate performance. i think my own take, that the president did not perform well in the debate. that's a real novel take on my part. that's what you tuned in for at home. but i don't think he performed as catastrophically poorly as other people seem to think he did. that's more or less where i'm at. maybe that's not great insi
wolf blitzer and when wolf asked him to get specific on tax cuts, here's what happened. >> even though you're going to lower the income tax rates for people making let's say more than $250,000 a year, but you're going to eliminate some loopholes and deductions, exemptions, tax credits, is that what i'm hearing? >> that's right. i'll bring the rate down across the board. but eliminate or limit, rather, deductions or credits and exemptions and so forth, particularly for people at the high end, because you have to do that to make sure that distributionally we continue to have the high-income people still pay the same share, the high share they pay today. >> would that add up to the $4.8 or $5 trillion that's been estimated -- your comprehensive tax reductions would cost? >> well, actually, the president's charge of a $5 trillion tax cut is obviously inaccurate and wrong, because what he says is let's look at all the rates you're lowering, and then he ignores the fact i say we're also going to limit deductions and credits and exemptions. he ignores that part. obviously, that was corrected
be aborted talked about, taxes, regulation, energy and. the only way is to get into the game and to point out to the american people what needs to be fixed. in order for us to invest in u.s. and create jobs. .> we've got a good role models we don't even rate legislators. our best teachers or the labor unions and then george soros later on. he taught every wealthy american that you cannot afford to sit on the sidelines. so i say go for it. >> we don't do endorsement either. we have a pac. we are very involved. we will probably connect with a quarter million retailers and millions of their employees, not endorsing anyone or telling them how to vote, but getting them involved. there's a sense that if people have a better understanding of our position, there's a greater likelihood we will get some action from them. that's why we have engaged our membership. >> let's get questions from the audience. don't feel shy. please raise your hand. if you could give me your name and your affiliation, that would be wonderful. there are microphones roving. the lady with the red jacket. >> good morning. my nam
that. you're also taxing the middle class under the ryan plan. that is disdain today. >> all right, dr. ruiz. so do you want a 30-second rebuttal of the campaign? >> of course, i do. this is critically important. was there police brutality or was there not? was it an elder or a child? these things, folks, are in the press. they are in "the boston herald," they are in the harvard newspaper. they are documented. they are written. they're spelled out for people to see. it is critically important that people know that who he's saying he is right now is not who he is. further, what i said in that email message was that the city councilman should have been held accountable for allowing durhamville to be the third-world condition that it was and that it continues to be. have your party release the entire interslew. -- interview. release the interview that exonerates me. >> we're down to the last couple of questions. elizabeth, you have the floor. >> dr. ruiz, in 2010 a bipartisan federal commission unveiled the plan to cut the nation's deficit by $4 trillion through a mix of tax increases and
interview, he talks about his tax plan, his 47 comment and what he would do about iran's nuclear program. and paul ryan pumps iron. jeannie moos takes a look at those controversial workout photos. i'm wolf blitzer and you're in "the situation room." >> we begin with a dramatically changed political lancape as we head into tuesday's second debate between president obama and governor romney. poll after poll shows momentum building behind the romney/ryan tukt and there's pressure on the president now to wrap up his game for the three-week sprint to election day. let's bring in our correspondent, we're getting reaction to the vice presidential debate, more comments coming in. but the president has his mission cut out for him right now. dan? >> he really does. we just have to look back to right after the debate where the president turned up his volume, strongly aggressively going after his gop opponents. but what we saw this week at the university of miami on thursday at a big rally there was the president even turning up the volume a bit more. attacking mitt romney for what the president say
gallon of gasoline in california goes to state and federal taxes that's among the highest in the nation. he will put his life on the line as he attempts a world record jump. he will sky dive from a capsule 33 miles above the planet's surface. he will smash through the sound barrier on the way top speed 690 miles an hour. for an idea of how high this is. consider mt. everest rises 29,000 feet. commercial jets cruise around at 39,000 feet. this guy will be jumping from 120,000 feet. >> really? >> yup. >> that's your 5@5:00. >>> couple minutes after the hour we are exactly 4 weeks away from the presidential election mitt romney delivering a major foreign policy address yesterday making the case against four more years of the saforeign policy. >> doug kelly is live with more. >> good morning. focus turned to foreign policy with governor romney delivering a major address at the virginia military institute offering his severest critique yet of the president leading from behind. >> hope is not a strategy. we can't support our friends in the milled east when our words are not backed up by these
i know you're under a lot of duress to make up for lost ground. lower tax rates increase growth. >> now you're jack kennedy? >> the interruptions, the facial expressions, and the facts. we're going to have the high lights, the low lights, the arguments and a fact check as well on the candidates' claims. it's friday october 12th. "starting point" comes to you live from danville, kentucky. >>> good morning, welcome everybody. you're watching "starting point." we're coming to you live this morning from center college here in danville, kentucky. things last night right here were pretty heated between the vice presidential candidates, no one had a bad night. nobody was too polite. instead joe biden, paul ryan, simply let it fly and when it was over the american people scored it a draw. cnn/orc poll of debate watchers showed that 48% felt that paul ryan won. 44% said that the vice president joe biden won. of course that would be a statistical tie when you calculate in the margin of error. we begin with cnn's dana bash with some of the highlights of the night. good morning. >> good mor
and rescued general motors. we went ahead and made sure that we cut taxes for middle class. and in addition to that, when that occurred, what did romney do. romney said no, let detroit go bankrupt. we moved in and helped people refinance their homes. governor romney said no, let foreclosures hit the bottom. but it shouldn't be surprising for a guy who says 47% of the american people are unwilling to take responsibility for their own lives. my friend recently in a speech in washington said 30% of the american people are takers. these people are my mom and dad. the people i grew up. my neighbors. they pay more effective tax than governor romney pays in his federal income tax. they are elderly people who, in fact, are living off social security. they are veterans and people fighting in afghanistan right now who are, quote, not paying any taxes. i have had it up to here with this notion that 47%-- it's about time they take some responsibility here. and instead of signing pledges to grover norquist not to ask the wealthiest among us to contribute to bring back the middle class, they should be si
. "i'm not in favor of a $5 trillion tax cut. that's not my plan." mitchell: "the nonpartisan tax policy center concluded that mitt romney's tax plan would cost $4.8 trillion over 10 years." vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? silverado! the most dependable, longest lasting, full-size pickups on the road. so, what do you think? [ engine revs ] i'll take it. [ male announcer ] it's chevy truck month. now during chevy truck month, get 0% apr financing for 60 months or trade up to get the 2012 chevy silverado all-star edition with a total value of $8,000. hurry in before they're all gone! >> i want to bring the conversation to the state of our economy, the number one issue here at home is jobs. the percentage of unemployed just fell 8% for the first time in 43 months. the obama administration had projected that it would fall below 6% now after
these things a lot tonight in my comments. i was the governor who drew top tax fraud. i had to cut $5 billion from the state budget, including my own salary. i'm the only governor in modern times who left the office with a smaller general fund budget and when i started. i know how to be fiscally responsible. my opponent when into the united states senate in 2001 with the biggest surplus in the united states and six years later left with massive deficits. during his time in the senate, the national debt went up by $16,000. he conceded that spending was a problem in the senate. we also have people who need to know how to work together. i learned to cut crime bills and the economy. my opponent said his job was to not democrats softly. he took this similar position in the senate, fighting efforts led by the then-senior virginia senator. when someone who will fight and that is what i will do is your next to none state senator. >> if mr. allen, your opening statement. >> thank you. it's much better future than what we are having to endure these days. that is why i put forward a detailed plan. my bl
romney and i do share a deep interest in encouraging small business growth. at the same time that my tax plan has already lowered taxes for 98% of families, i also lowered taxes for small businesses 18 times. and what i want to do is continue the tax rates, the tax cuts that we put into place for small businesses and families. >> i talked to a guy who has a very small business. he is in the electronics business in st. louis. he has four employees. he said he and his son calculated how much they pay in taxes. federal income, federal payroll tax, state sales tax, property tax cab gas tax, over 50% of what they earned. and your plan is to take the tax rate on successful small businesses from 35% to 40%. the national federation of independent businesses has said that will cost 700,000 jobs. >> what is main street's reaction? we have two of our most outspoken regulars here to discuss. phil cowan, an invest adviser, entrepreneur and best selling author. you can find him at rule 1 carol roth, you can find her at >> good to see you. >> you too, j.j. >> i think it is
taxes next. i'm going to let governor romney explain this for himself. >> well, i've made it pretty clear that my principles are number one, simplify the code, number two, create incentives for small businesses and large businesses to grow. number three, don't reduce the burden on high-income taxpayers. and number four, remove the burden somewhat from middle income people. >> now, you can get all that done in four years we'll have a bran new tax code by 2016. again, it's bold. everybody talks about doing it but nobody's done it really since reagan. finally let's take a look at the deficit. romney is planning to cut a lot more than funding to big bird and pbs. his plans include repealing obama care, reducing foreign aide and privatizing amtrak. you may notny that's that big of a deal. i use it all the time. romney says privatizing it will save $1.3 billion. the budget is made up a lot of small things. however he does it, his goal is to reduce government spending to 20% of gdp. gdp is the biggest measure of everything we produce in society. he wants to do that by the end 6 his first t
immediately rescued general motors. we made sure we cut taxes for the middle class and in addition to that, and when that occurred, what did romney do? romney said, no, let detroit go bankrupt. we helped people refinance their homes. governor romney said, no, let foreclosures hit the bottom. it shouldn't be surprising for a guy that says 47% of the american people are unwilling to take responsibility for their own lives. my friend recently said 30% of the american people are takers. these people are, my mom and dad, the people i grew up with, my neighbors. they pay more taxes than governor romney pays in his federal income tax. they are elderly who are living off of soecial security. they are veterans. i've had it up to here with this notion that 47% -- it's about time they take some responsibility here. and instead of signing pledging to grover nord quist not to ask the wealthiest to contribute to bring back the middle class, they should say to the middle class, we're going to level the playing field. we're going to give you a fair shot again. we are going to not repeat the mistakes we ma
was going to cut taxes for wealthy people? >> he's the etch-a-sketch guy. we have to wonder which mitt is going to show up. if you just lay out lie after lie after lie about your own plan, as well as what the president has been talking about, of course you can look good. >> we expect an aggressive debater to show up last night on the debate stage with barack obama. we didn't expect an aggressively dishonest debater to show up. >> sean: perfect strategy, liar, liar, liar, pants on fire, fire, fire. funny, i didn't hear anybody mention anything about the president's record or accomplishments, perhaps because there aren't any. instead he's given us 46 million americans on food stamps. you didn't fix that, mr. president. 17 million more than when you took office. 23 million americans un and underemployed. $6 trillion in new obama debt and have four years to fix the worst economy since the great depression, and it's no longer george w. bush's fault. after looking at the latest polls it appears the truth is beginning to catch up with barack obama. hear with reaction, the author of the "new y
on foreign policy, it depends. it was also on their attitude of what constitutes a fair tax code, what is a reasonable budget, whether or not you will be cutting the budget. congressman ryan says that, even though he passed the ryan budget through the house of representatives, which did not become law, he drastically cut across the board 19%, in eviscerating education and so many other things. he said, no, no, that is not a cut. he said it is a smaller increase. i want to tell that all to your parents when they don't take a $2,500 tax credit next year if they win could tell that to the two hundred thousand kids who will be kicked off of early education. on taxes and make you go back and look, paul ryan is saying his budget really is not a budget cut. that is like governor romney standing in an unemployment line and say, i did not outsource your job, i offshore it. that is the distinction they make. [applause] when i point out that governor romney, who is a great businessman, did the bain way, the lowest wages, the cheapest community that you can find, and then move there, offshore, out
be trusted to hold don middle-class taxes. take a listen. >> the middle class will pay less and people making a million or more will begin to contribute slightly more. >> there aren't enough rich people in small businesses to tax them for all their spending. the next time you hear that, watch out, middle class. the tax bill's coming to you. >> edward isaac, how does a voter make sense of this? what's the truth on taxes? >> well, that's one of the essential questions of the cam paint that's what the obama campaign is saying about this. but what the romney/ryan campaign says about the obama plan is they have not done anything to say where the spending would be cut, to say where they're going to be doing things to reduce the deficit, and that's going to fall on middle-class families so it's a question of philosophy here, whether you think there is enough and other things he says he'll do to cut spending in the budget to make up the money that would be lost in revenue from that 20% across the board tax cut or whether you believe that the plan that president obama is saying to say that there shoul
construction workers back to work. why? it would have been an increase in taxes, not for most people, but for those who make a million dollars or more. making the investments in education, making the investments in research, and we make those investments together and build a future. that is what it will take over the long run to build a stronger future here in western massachusetts, all across the commonwealth, and all across the country. >> thank you. before i start, i want to thank the mayor for your endorsement and support. thank you both for coming. this is actually about jobs and economy. the whole race is about that. we held one of our first jobs fares here because we want to connect people with jobs. when you put a title on a bill in washington that says jobs bill, you have to read the bill. those bills in particular were rejected in a bipartisan manner, and that means democrats and republicans recognize that by taking for under $50 billion in taxes out of the private sector and giving it to washington to increase government spending, that is not the answer. the best answer is
two men who both came ready to tangle. >> i don't know what world these guys are in. >> on taxes. >> you can cut tax rates by 20% and still preserve these important preferences for middle class taxpayers. >> not mathematically possible. >> it is mathematically possible. >> reporter: on medicare -- >> if they allowed medicare to bargain for the cost of drugs like medicaid can, that would save $156 billion right off the bat. >> and it would deny seniors choices. >> reporter: on the president's foreign policy. >> when we look weak our adversaries are much more willing to test us, they're more brazen and our -- >> with all due respect that's a bunch of malarkey. >> reporter: he's preparing to make up for frz's mistakes last week, almost immediately launching the attack lines obama never used in his debate. >> it shouldn't be surprising for a guy who says 47% of the american people are unwilling to take responsibility for their own lives. >> my neighbors, they pay more effective tax than governor romney pays in his income tax. >> reporter: before the debate, cnn was told paul ryan's t
's about taxes and what is going to happen next year with taxes? the enormous regulatory burden coming out of washington. people don't know how much it's going to cost to have that new employee that they might hire with the health care health care bill or the epa regulations. all of those things that bavarian certainty that's in the marketplace. there was just a survey that came out and said that 67% of small businesses today are not hiring because they don't know what to expect next year. and that is why we have got to have taxes to have some certainty as far as what the regulatory burden is going to be and then we can unleash this economy. we will give people the confidence to hire, to grow their business and to invest and that really is the biggest issue today for small business people certainly and really all businesses. >> moderator: i'm going to stop either congressman and kevin asked to what is the most important and i'm going to ask you what's the worst thing that congress can do right now as it tries to drive economic growth? latham: it's a tossup between increased taxes but i rea
that we cut taxes for the middle class, and in addition to that, when that occurred, what did romney do? romney said no, let detroit go bankrupt. we moved in and helped people refinance their homes. governor romney said no, let foreclosures hit the bottom. but it shouldn't be surprising for a guy who says 47% of the american people are unwilling to take responsibility for their lives. my friend said 30% are takers. these people are my mom and dad, my neighbors. they pay more tax than governor romney pays. they are elderly people who in fact are living off of social security. there are veterans and people fighting in afghanistan right now who are, quote, not paying any taxes. i've had it up to here with this notion, 47% -- it's about time they take some responsibility here. instead of signing pledges not to ask the wealthiest among us to contribute to bring back the middle class, they should be signing a pledge saying to the middle class, we're going to level the playing field. we're going to give you a fair shot again. we are going to not repeat the mistakes we made in the past by havin
said he's going to cut taxes for wealthy people? >> we recall he's an etch a sketch guy that trance formed himselfs. and we have to wond yir which mitt is going show up f you layout what the president has been talking about of course, you can look good we've expected an aggressive debateor, we didn't expect a dishonest debateor to show up perfect strategy. liar, liar, pants on fire, fire. and 46 million americans on food stamps, 17 million more than when you took office. and there is $6 trillion in new obama debt. and this is no longer george w. bush's fault. here with reaction is paul mugg bestseller, pat gadel. do you know who just lied? author of the study at princeton. >> right. >> and there is -- points out obama took his interpretation of the plan out of context which is -- . >> he lied about what the conclusion was. >> there is i think americans understand telling the truth cut rates across the board by 20% and eliminate deductions and exemptions. and that is where he can keep the rates the same. and i mean, i think the business is how the west reacted to the one issue that i
Search Results 0 to 49 of about 614 (some duplicates have been removed)